UPDATE: Weatherford (WFT) Trading Halted with News Pending; Analyst Notes Tightening Debt Levels
- IBM tumbles on soft Q1 revenue; announces HashiCorp $6.4bn acquisition
- Hasbro (HAS) brand strength sees earnings top expectations
- Meta Platforms (META) Tops Q1 EPS by 39c, Offers Guidance
- Seagate Technology (STX) Enters $600M Asset Purchase Agreement with Avago
- Rubrik (RBRK) Prices Upsized 23.5M Share IPO at $32/sh
- Midday movers: Meta, IBM, Caterpillar fall; Chipotle rises
- After-hours movers: Meta, Ford, IBM, ServiceNow and more
- Midday movers: Tesla, Boeing rise; Uber, Old Dominion Freight fall
- After-hours movers: Tesla, Texas Instruments, Seagate, Visa and more
- Midday movers: PepsiCo, JetBlue fall; GM, Danaher and UPS rise
Weatherford (WFT) Shares Tick Higher Upon Resumption
November 1, 2016 12:46 PM EDTWeatherford (NYSE: WFT) shares resume trading. The stock is ticking higher at the restart.
... MoreWeatherford (WFT) Confirms Ability to Meet All Debt Covenants at End of 2016
November 1, 2016 12:32 PM EDTAs of September 30, 2016 Weatherford International plc (NYSE: WFT) revolving and term loan credit facility covenant calculations are as follows:
Specified Senior Leverage Ratio of 1.94x (versus a maximum ratio of 3.0x)Specified Senior Leverage and Letters of Credit... MoreWeatherford (WFT) Weakness Said Tied to Covenant Concerns
November 1, 2016 12:19 PM EDTWeatherford (NYSE: WFT) said to be under pressure today on covenant concerns. Shares are now halted, news pending. Last down 14%.
... More